Sorry, Governor, Running A Country Not The Same As Running A Business

Since 1900, few former businessmen have made it to the Oval Office. The most prominent was the nation’s 31st president, Herbert Hoover, whose handling of the economy during the Great Depression cemented his reputation as a failure

…the White House would bring unfamiliar constraints. There’s no equivalent in the corporate world to the separation of powers that often thwarts a president’s will. And the job demands political savvy more than managerial excellence.

“Our entire system of government is meant to preclude models and skills used in the corporate world, which may be why presidents with business experience are not our most successful presidents,” says Barbara Perry, a senior fellow at the University of Virginia’s Miller Center.